Durable Capital Partners LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Durable Capital Partners LP reported 44 stock positions worth $13.2 billion. Its top holding was RBC Bearings (RBC) at 7.3% of the portfolio, followed by Coupang (CPNG, 5.6%) and SHIFT4 Payments Class A (FOUR, 5.0%). Compared with Q1 2025, it opened 4 new positions, sold out of 11, added to 22 and reduced 15. The biggest buy was a new position in Veeva Systems Class A (VEEV) and the biggest sale Booking (BKNG, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- Bethesda, MD
- CIK
- 0001798849
- Portfolio Value
- $13.2B (Q2 2025)
- SEC Filing
- 0001798849-25-000010 ↗ filed Aug 14, 2025
Holdings Value
Holdings 44 stocks · $13.2B
| RBC RBC Bearings Inc. | 7.35% | 2,521,043 | $970.1M | Reduce -4.2% |
| CPNG Coupang Inc. | 5.61% | 24,743,982 | $741.3M | Add +7.5% |
| FOUR SHIFT4 Payments Inc. Class A | 5.00% | 6,665,443 | $660.6M | Add +12.6% |
| INTU Intuit Inc. | 4.67% | 782,292 | $616.2M | Add +12.2% |
| IWM iShares Russell 2000 ETF | 4.24% | 2,596,668 | $560.3M | Add +105.5% |
| APG Api Group Corp. | 4.11% | 10,623,568 | $542.3M | Add +19.2% |
| SHOP Shopify Inc. Class A | 3.97% | 4,543,835 | $524.1M | Add +6.3% |
| AFRM Affirm Holdings Inc. | 3.87% | 7,389,337 | $510.9M | Add +12.3% |
| RBLX Roblox Corp. Class A | 3.66% | 4,588,728 | $482.7M | Add +32.4% |
| CIGI Colliers Intl GR-Subord Vot | 3.58% | 3,625,501 | $473.3M | Add +22.0% |
| XPO Xpo Inc. | 3.44% | 3,595,056 | $454.0M | Add +79.3% |
| TOST Toast Inc. Class A | 3.44% | 10,245,724 | $453.8M | Reduce -5.5% |
| DUOL Duolingo | 3.33% | 1,073,356 | $440.1M | Reduce -36.6% |
| MELI MercadoLibre Inc. | 2.93% | 147,984 | $386.8M | Add +155.3% |
| AYI Acuity Inc. | 2.82% | 1,249,899 | $372.9M | Add +13.8% |
| FSV Firstservice Corp. | 2.60% | 1,963,565 | $342.9M | Reduce -9.0% |
| HUBS HubSpot Inc. | 2.53% | 600,539 | $334.3M | Reduce -29.1% |
| CVNA Carvana Co. | 2.28% | 892,477 | $300.7M | Reduce -53.8% |
| VEEV Veeva Systems Inc. Class A | 2.13% | 976,981 | $281.4M | New |
| OPCH Option Care Health Inc. | 2.03% | 8,237,577 | $267.6M | Add +134.3% |
| PRVA Privia Health Group Inc. | 2.00% | 11,487,843 | $264.2M | No change |
| DASH DoorDash Inc. Class A | 1.92% | 1,026,649 | $253.1M | No change |
| ENTG Entegris Inc. | 1.87% | 3,055,914 | $246.5M | Add +4.9% |
| DSGX The Descartes Systems Grp | 1.73% | 2,253,704 | $229.1M | Reduce -20.1% |
| WST West Pharmaceutical Services | 1.72% | 1,040,648 | $227.7M | Reduce -33.9% |
| BKNG Booking Holdings Inc. | 1.64% | 37,306 | $216.0M | Reduce -59.8% |
| WRBY Warby Parker Inc. Class A | 1.59% | 9,597,808 | $210.5M | Reduce -6.0% |
| YOU Clear Secure Inc. Class A | 1.57% | 7,490,351 | $207.9M | Add +153.1% |
| MASI Masimo Corp. | 1.48% | 1,163,898 | $195.8M | Add +3.4% |
| ROP Roper Technologies Inc. | 1.42% | 329,709 | $186.9M | Reduce -41.6% |
| ESAB Esab Corp. | 1.26% | 1,385,176 | $167.0M | Add +41.5% |
| MOH Molina Healthcare Inc. | 1.21% | 535,967 | $159.7M | Reduce -1.0% |
| RH RH | 0.92% | 646,097 | $122.1M | Add +125.1% |
| VSEC Vse Corp. | 0.86% | 865,017 | $113.3M | No change |
| AUR Aurora Innovation Inc. | 0.81% | 20,404,238 | $106.9M | Add +36.7% |
| FND Floor & Decor Holdings Inc. Class A | 0.80% | 1,398,378 | $106.2M | New |
| FLUT Flutter Entertainment PLC-Di | 0.72% | 332,481 | $95.0M | Add +57.6% |
| EVH Evolent Health Inc. Class A | 0.55% | 6,423,293 | $72.3M | New |
| GSHD Goosehead Insurance Inc. Class A | 0.54% | 680,812 | $71.8M | New |
| APP AppLovin Corp. Class A | 0.50% | 187,836 | $65.8M | Reduce -44.0% |
| MNDY Monday.com Ltd. | 0.45% | 189,684 | $59.7M | Add +1.8% |
| PTC PTC Inc. | 0.36% | 278,710 | $48.0M | Add +18.6% |
| OM Outset Medical Inc. | 0.24% | 1,657,126 | $31.8M | Reduce -4.8% |
| SG Sweetgreen Inc. Class A | 0.24% | 2,137,996 | $31.8M | Reduce -52.8% |
Portfolio Sells Q1 2025 → Q2 2025
| BKNG Booking Holdings Inc. | Reduce -59.8% | 1.64% | −2.19 |
| HUBS HubSpot Inc. | Reduce -29.1% | 2.53% | −1.80 |
| ROP Roper Technologies Inc. | Reduce -41.6% | 1.42% | −1.56 |
| WST West Pharmaceutical Services | Reduce -33.9% | 1.72% | −1.42 |
| DUOL Duolingo | Reduce -36.6% | 3.33% | −1.37 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −1.37 |
| CVNA Carvana Co. | Reduce -53.8% | 2.28% | −1.33 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −1.05 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.89 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.85 |
| DSGX The Descartes Systems Grp | Reduce -20.1% | 1.73% | −0.81 |
| SG Sweetgreen Inc. Class A | Reduce -52.8% | 0.24% | −0.77 |
| BFAM Bright Horizons Family Solut | Sold out | 0.00% | −0.64 |
| FSV Firstservice Corp. | Reduce -9.0% | 2.60% | −0.60 |
| ALHC Alignment Healthcare Inc. | Sold out | 0.00% | −0.60 |
| PCOR Procore Technologies Inc. | Sold out | 0.00% | −0.49 |
| TTAN Servicetitan Inc. Class A | Sold out | 0.00% | −0.44 |
| MOH Molina Healthcare Inc. | Reduce -1.0% | 1.21% | −0.39 |
| APP AppLovin Corp. Class A | Reduce -44.0% | 0.50% | −0.30 |
| RBC RBC Bearings Inc. | Reduce -4.2% | 7.35% | −0.22 |
| KRMN Karman Holdings Inc. | Sold out | 0.00% | −0.17 |
| BIRK Birkenstock Holding PLC | Sold out | 0.00% | −0.13 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.10 |
| WRBY Warby Parker Inc. Class A | Reduce -6.0% | 1.59% | −0.07 |
| OM Outset Medical Inc. | Reduce -4.8% | 0.24% | +0.07 |
| TOST Toast Inc. Class A | Reduce -5.5% | 3.44% | +0.22 |
Portfolio Buys Q1 2025 → Q2 2025
| VEEV Veeva Systems Inc. Class A | New | 2.13% | +2.13 |
| IWM iShares Russell 2000 ETF | Add +105.5% | 4.24% | +1.99 |
| MELI MercadoLibre Inc. | Add +155.3% | 2.93% | +1.92 |
| RBLX Roblox Corp. Class A | Add +32.4% | 3.66% | +1.85 |
| XPO Xpo Inc. | Add +79.3% | 3.44% | +1.51 |
| APG Api Group Corp. | Add +19.2% | 4.11% | +1.26 |
| AFRM Affirm Holdings Inc. | Add +12.3% | 3.87% | +1.21 |
| CPNG Coupang Inc. | Add +7.5% | 5.61% | +1.10 |
| OPCH Option Care Health Inc. | Add +134.3% | 2.03% | +0.93 |
| YOU Clear Secure Inc. Class A | Add +153.1% | 1.57% | +0.89 |
| INTU Intuit Inc. | Add +12.2% | 4.67% | +0.84 |
| FND Floor & Decor Holdings Inc. Class A | New | 0.80% | +0.80 |
| FOUR SHIFT4 Payments Inc. Class A | Add +12.6% | 5.00% | +0.68 |
| EVH Evolent Health Inc. Class A | New | 0.55% | +0.55 |
| GSHD Goosehead Insurance Inc. Class A | New | 0.54% | +0.54 |
| CIGI Colliers Intl GR-Subord Vot | Add +22.0% | 3.58% | +0.36 |
| RH RH | Add +125.1% | 0.92% | +0.32 |
| SHOP Shopify Inc. Class A | Add +6.3% | 3.97% | +0.32 |
| FLUT Flutter Entertainment PLC-Di | Add +57.6% | 0.72% | +0.30 |
| ESAB Esab Corp. | Add +41.5% | 1.26% | +0.25 |
| AYI Acuity Inc. | Add +13.8% | 2.82% | +0.24 |
| MNDY Monday.com Ltd. | Add +1.8% | 0.45% | +0.05 |
| PTC PTC Inc. | Add +18.6% | 0.36% | +0.04 |
| AUR Aurora Innovation Inc. | Add +36.7% | 0.81% | −0.09 |
| MASI Masimo Corp. | Add +3.4% | 1.48% | −0.19 |
| ENTG Entegris Inc. | Add +4.9% | 1.87% | −0.41 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $10.3B | RBC, DASH, Q, FERG, MELI |
| Q1 2026 | 37 | $9.7B | RBC, DASH, MELI, APG, Q |
| Q4 2025 | 40 | $10.6B | RBC, DASH, MELI, CPNG, APG |
| Q3 2025 | 48 | $13.5B | RBC, CPNG, SHOP, CIGI, XPO |
| Q2 2025 | 44 | $13.2B | RBC, CPNG, FOUR, INTU, IWM |
| Q1 2025 | 51 | $11.2B | RBC, DUOL, CPNG, HUBS, FOUR |
| Q4 2024 | 46 | $12.3B | RBC, DUOL, HUBS, CPNG, TOST |
| Q3 2024 | 48 | $13.7B | INTU, DUOL, RBC, ROP, CPNG |
| Q2 2024 | 49 | $12.2B | INTU, ROP, RBC, DUOL, BFAM |
| Q1 2024 | 53 | $12.9B | INTU, DUOL, HUBS, ROP, JBHT |